Nearly a Million Investors Lost a Total of $3.8 Billion on Trump Crypto Coin

An up-to-date tally of Trump followers turned crypto investors is in.And for them, the overall results are remarkably bad.Nearly 1 million people who bought President Trump’s memecoin have lost money through the end of June, according to a report by the cryptocurrency analytics firm Nansen.

Their losses total $3.81 billion.The analytics firm’s assessment was calculated this week after Mr.Trump signed an annual financial disclosure showing that he walked away with a $636 million payout on the same crypto bet, part of a haul of at least $2.2 billion from all of his business ventures in 2025.The odds were always in his favor.

Mr.Trump profited whether the price of his memecoin went up or down.

He collected returns whenever anyone traded the tokens, as he repeatedly pushed his followers to do, using his Truth Social account to promote the coin.Once a crypto skeptic, Mr.Trump embraced the profit-making opportunity of digital currencies in 2024, while he was running for president.

He and his sons founded a crypto start-up called World Liberty Financial, which soon began selling a coin called $WLFI that has also declined sharply.Three days before his inauguration, Mr.Trump unveiled a second Trump-branded investment — the $TRUMP memecoin, a type of novelty currency with little practical value.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access.

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Publisher: The New York Times

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